Bingo in New Mexico
Posted in Casino on 04/13/2021 07:25 pm by JarrettNew Mexico has a bitter gaming background. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the Native casino craze. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to draft a compact with New Mexico American Indian tribes. When the working group arrived at an accord with two prominent local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was a certainty. But when the new Governor passed the contract with the Indian tribes, anti-gaming forces were able to hold the contract up in courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing a deal, thus costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full compact amongst the Government of New Mexico and its American Indian tribes. A decade had been squandered for gaming in New Mexico, which includes American Indian casino Bingo.
The nonprofit Bingo industry has increased from Nineteen Ninety-Nine. That year, New Mexico charity game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Not for profit Bingo earnings have increased steadily since that time. Two Thousand and Five witnessed the biggest year, with $1,233,289 grossed by the operators.
Bingo is certainly beloved in New Mexico. All kinds of providers look for a piece of the pie. Hopefully, the politicos are done batting around gambling as a key matter like they did back in the 90’s. That is probably wishful thinking.